Financial Aid Overview

Financial Aid Overview

Let’s find ways to fund your education.

The financial aid staff at Spring Arbor University works hard to help you identify the different financial aid options available to you as an online student in one of our programs. To that end, we have researched and compiled information that can give you an idea of the financial benefits for which you may qualify, including student aid, military discounts and tax benefits.

The first step in applying for financial aid it to fill out a FAFSA (Free Application for Free Student Aid) and the FERPA. Financial aid is disbursed each semester via electronic posting to your school account once eligibility is verified. You are required to make satisfactory academic progress (SAP) to maintain financial aid eligibility each year. Details of the SAP policy are available from the Financial Aid office.

Student Aid

There’s plenty of help out there for paying for college in the form of financial aid. Here you’ll find a list of the different types of aid available. For more detailed information based on your specific situation, please call us directly at 1.844.655.4223.

Federal Direct Loan Unsubsidized

  • Eligibility: Unsubsidized – based on non-need
  • Value: $21,500 each year
  • Total Lifetime Limit: $138,500 maximum undergraduate and graduate combined
  • Applying: Submit FAFSA and Loan Request Form from SAU Office of Financial Aid
  • To Renew: Complete the FAFSA annually

Graduate PLUS Loan

  • Eligibility: Graduate-level students
  • Value: Cost of education minus other financial aid; unlimited maximum
  • Submit FAFSA
  • To Apply: Submit application with Direct Loan Processor; must pass credit check
  • To Renew: Apply annually

Aid from Your State

Click here for information on grants, scholarships and other financial aid for college students from the state, including federally supported state programs such as Byrd scholarships and LEAP (Leveraging Educational Assistance Partnership) grants.

Aid from Your Employer

Many employers offer tuition-assistance programs. Talk to your human resources representative to learn about aid that could be available to you.

Private Alternative Loans

Private loans are available through private lenders. It is recommended that you first complete the federal aid process to determine if you qualify for a federal loan, which often has more favorable terms than a private loan. To review some private alternative loan options, click here.

Please note that you are welcome to select lenders not shown on the link above, and you have the right to do so under federal rules. If you select a lender not on this list, you will need to provide to SAU the information necessary to process a loan with the lender. To determine what information is needed, please call us directly at 1.844.655.4223.

Additional Financial Aid Resources

Click on any one of these links to learn more about other types of aid that might be available to you.

Military Discount

Tax Benefits

Questions? Don’t hesitate to get in touch.

Find contact information for the Financial Aid Office here: